Industry Press

The Press Center allows credit unions and their partners to share important news and keep accomplishments front and center in the credit union industry.

Date

USSFCU Welcomes Don DiMatteo as Chief Lending Officer

The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Don DiMatteo as its new Chief Lending Officer (CLO). With over 35 years of experience in lending and financial services, DiMatteo brings a wealth of leadership, expertise, and a deep passion for member-focused lending solutions. DiMatteo’s career spans 17.5 years

Cumberland County FCU Announces New Hire and Multiple Promotions

Falmouth, ME (February 2025) – Cumberland County FCU (CCFCU) is pleased to announce the following team addition and employee promotions. Bethany Smith has been hired as the Vice President of Accounting; Amy Sithavady has been promoted to Vice President of HR and Compliance; Kimberly Parker has been promoted to Vice President of Service Center Operations;

Eltropy to demonstrate practical applications of generative AI for credit unions at GAC 2025

Eltropy to Feature AI-Powered Unified Conversations Platform at Governmental Affairs Conference 2025 Eltropy to demonstrate practical applications of generative AI for community financial institutions at the leading credit union advocacy event SANTA CLARA, Calif. — January 31, 2025 — Eltropy, the leading AI-powered digital conversations platform for community financial institutions (CFIs), will present its latest

INOVA Federal Donates $510 To Church Community Services

The team at INOVA Federal recently presented a check for $510 to Church Community Services. Church Community Services aids the residents of Elkhart County with emergency assistance, job and life-skills training, and much more.

Corporate One Presents CU Forward: Sharing Knowledge, Shaping Success on February 26, 2025

Corporate One Federal Credit Union is excited to announce CU Forward: Sharing Knowledge, Shaping Success, a dynamic half-day virtual conference for credit union leaders and professionals, taking place online on February 26, 2025, from 1:00 PM to 4:00 PM EST. CU Forward empowers credit union professionals with knowledge and actionable strategies. The event will feature

Advia Credit Union Exceeds $1 Million in 2024 Giving Across Michigan, Wisconsin, and Illinois

Advia Credit Union made an extraordinary impact in 2024, contributing over $1 Million across Michigan, Wisconsin, and Illinois through its Advia Foundation, Advancing Lives initiatives, sponsorships, scholarships, and other donations. In addition, the Advia team contributed over 6,500 volunteer hours throughout the year—an increase from previous years and the equivalent of more than 270 full

Meridia Community Credit Union Signs New and Renewal Agreements with Synergent

Synergent® is thrilled to announce Meridia Community Credit Union has signed a ten-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing. Additionally, the credit union has committed to a new five-year agreement for Integrated Credit Card Services, as well as five-year renewal agreements for numerous additional services.

Elan Charitable Giving Program Surpasses $2 Million in Donations

MINNEAPOLIS — Elan Credit Card today announced $250,000 in donations across 25 communities through its philanthropic initiative, the Elan Charitable Giving program. Each $10,000 donation was given to a local organization selected by an Elan Credit Card partner. “Over the last three years, this program has received such positive response from our partners and their

Pasadena Federal Credit Union Selects Hector Martin as Chief Strategy Officer (CSO)

Pasadena, CA, January 23, 2025. Pasadena Federal Credit Union proudly announces Hector Martin as its new Chief Strategy Officer (CSO). Martin will drive the Credit Union’s growth and strategic evolution, focusing on enhancing member and employee experiences, strengthening stakeholder engagement, and advancing the Credit Union’s mission to “Engage, Educate, and Inspire every community member.” Overseeing

Education Foundation for California Schools Announces Grant Recipients for 2024 Applicants

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education, today announced that it awarded 119 grants to teachers throughout the state to help fund programs designed to encourage students to learn and excel in the core subjects of language arts, science and

Quavo Unveils Winners of Inaugural Trust in Banking Awards

Quavo Fraud & Disputes, a trusted advisor in dispute management solutions, today announced the winners of its inaugural Trust in Banking Awards. Quavo honors seven financial institutions that demonstrated superior performance throughout 2024 in the most critical trust-building areas of disputes: Speed, transparency, customer satisfaction, convenience, efficiency, accuracy, and flexibility.

Redwood Credit Union Commemorates 75th Anniversary with Yearlong Celebration

Redwood Credit Union (RCU) is proud to announce its 75th anniversary with a yearlong celebration in 2025. RCU began in Santa Rosa in 1950 and has since expanded to serve 8 local counties, with 22 branches throughout Sonoma, Napa, Lake, Mendocino, San Francisco, and Marin counties, including a brand new branch in San Anselmo.

eDOC Innovations Grows with Fourteen New Clients in Q1

eDOC added fourteen new clients in Q1 of fiscal 2025 that began in October 2024. These clients implemented one or more of the variety of imaging solutions eDOC offers, including document imaging and workflow, check imaging and e-Sign solutions.

UMassFive Announces New Board Member Peter Rosskothen

UMassFive recently announced the addition of Peter Rosskothen to its Board of Directors. A seasoned business professional, Rosskothen brings over 35 years of business experience to UMassFive. Peter first became involved with the Credit Union through utilizing its business banking products and services five years ago.

Chartway Opens New Branch in Virginia Beach, Celebrates Milestone Anniversary

Chartway Credit Union celebrated the grand opening of a new location on Pacific Ave in Virginia Beach, Virginia, today. The event brought together credit union members and leadership, community leaders, local dignitaries, and Hampton Roads Chamber leadership for a ribbon-cutting ceremony highlighting Chartway’s commitment to growth and community engagement through its charitable arm, Chartway Promise

For Immediate Release: First Alliance Credit Union Selects Jake Dorsch as Chief Financial Officer (CFO)

Rochester, MN, January 22, 2025. First Alliance Credit Union is proud to announce Jake Dorsch as its new Chief Financial Officer (CFO). Dorsch will lead the Credit Union’s financial strategies, overseeing financial planning, budgeting, and risk management while driving growth and stability to support the Credit Union’s long-term success. Working closely with the executive team,

IDB Global Federal Credit Union Selects Jennifer Vinciguerra as Chief Human Resource Officer

Washington, DC – January 15, 2025 – IDB Global Federal Credit Union proudly announces Jennifer Vinciguerra as its new Chief Human Resource Officer (CHRO). Vinciguerra will lead the Credit Union’s human resources strategies, overseeing talent development, employee engagement, and organizational culture while driving innovation to support the needs of its diverse workforce. Collaborating closely with

Craig Money Joins NASCUS Staff

The National Association of State Credit Union Supervisors (NASCUS) is pleased to announce the appointment of Craig Money as the organization’s Chief Member Engagement Officer.

BCU, AVIARYAI PARTNER TO REVOLUTIONIZE MEMBER SERVICES THROUGH AI FOLLOWING HURRICANE RELIEF OUTREACH

BCU and AviaryAI are excited to announce a significant strategic partnership as BCU invests in AviaryAI, a cutting-edge AI startup specializing in AI communications for financial institutions. This partnership emerges after a highly successful collaboration during the recent hurricane relief efforts, which demonstrated the profound impact of outbound AI voice agents on member support.

ELGA Credit Union and COPOCO Community Credit Union Announce Intent to Merge

The Board of Directors and leadership teams of ELGA Credit Union (ELGA CU) and COPOCO Community Credit Union (COPOCO) are excited to announce their agreement to merge pending regulatory approval and membership vote. Both credit unions were founded in 1951 to serve local Consumers Power Company employees and their families. ELGA, which has a name

Industry Analysis & Trends

Baker Market Update – Week in Review: July 2, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Making A Difference

TriUnity Foundation Opens National Grant Cycle for Credit Union Members Facing Terminal Illness

TriUnity Foundation, a nonprofit built by and for credit unions, has opened its next national grant cycle for members facing ...
Operations & HR

Redwood Credit Union named to Newsweek’s America’s Greatest Midsize Workplaces 2026

Redwood Credit Union (RCU) is proud to be recognized for the second year in a row as one of America’s ...
Other

Stephanie Schmidt Earns National Check Professional Accreditation

Corporate Central recently announced that Stephanie Schmidt, AAP, AFPP, NCP, CWCUL, CUDE, CCUE, CCUFC, CCCM, Vice President Member Experience, has ...
Other

CUES and TruStage® Announce Inaugural 2026 Leadership Pathways Cohort

CUES and TruStage® today announced the 25 credit union professionals selected for the inaugural CUES x TruStage Leadership Pathways cohort, ...
Making A Difference

Texas A&M IBE Students Raise $54,000 for Local Nonprofits

Student-led company teams pitched their unique business concepts to a panel of financial experts from Aggieland Credit Union. The credit ...
Making A Difference

SECU’s Statewide Network of 275 Branches to Serve as Collection Sites for Governor’s School Supply Drive

State Employees’ Credit Union (SECU) is pleased to announce its support for the 2026 Governor’s School Supply Drive, accepting donations ...
Strategic Partnerships

Tower Federal Credit Union Partners with Greenlight to Help Parents Raise Financially Smart Kids and Teens

Tower Federal Credit Union (Tower) today announced a partnership with Greenlight® Financial Technology, Inc. (Greenlight) to better serve families and ...
Other

Vizo Financial Announces Board Officers Following 2026 Annual Meeting

On June 17, 2026, Vizo Financial Corporate Credit Union held its 2026 Annual Meeting. Member credit unions participated virtually to ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 26, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

Worth Credit Union Names Katie Turner-Carr Senior Vice President – Chief People Officer

FORT WORTH, Texas – Worth Credit Union is pleased to announce the appointment of Katie Turner-Carr as SVP – Chief ...
Personnel Promotions

Ken Gardner Promoted to Vice President of Human Resources at Greater Texas|Aggieland Credit Union

Greater Texas|Aggieland Credit Union has named Ken Gardner as its new Vice President of Human Resources.
Making A Difference

Chartway Awards Directors’ Memorial Scholarships to 13 Student-Members

Chartway Credit Union is proud to announce the recipients of its 2026 Directors’ Memorial Scholarships. This year, Chartway expanded eligibility ...
Making A Difference

NASCUS Honors Janet Powell’s Distinguished Career and Service to the State Credit Union System

The National Association of State Credit Union Supervisors (NASCUS) recognizes and celebrates the remarkable career of Janet Powell, Chief of ...
Other

Credit union CDFI recertifications are beginning to be finalized

CU Strategic Planning helping over a quarter of CDFI credit unions recertify Credit unions can finally begin celebrating their Community ...
New Product Releases

eDOC Innovations Launches eDOC Chat Beta Program

eDOC Innovations announces the launch of the eDOC Chat Beta Program, providing credit unions with an opportunity to experience a ...
Other

Vizo Financial’s July 2026 Education Calendar

At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Charity Events

Birthday Benefit Bash hits a high note for North Bay youth music programs

The fourth annual Birthday Benefit Bash, a community fundraiser that celebrates the birthdays of Brett Martinez, President and CEO of ...
Strategic Partnerships

Alogent and Solution Optimizers Partner to Help Financial Institutions Optimize and Scale ECM Strategies

Alogent announced a strategic partnership with Solution Optimizers, a professional services and consulting firm, to help banks and credit unions ...
Personnel Promotions

LAFCU promotes Steve Jorgensen to vice president of lending

LANSING, Mich. — LAFCU has promoted Steve Jorgensen to vice president of lending, where he focuses on the credit union’s ...
Making A Difference

Sound Credit Union Recognizes 2026 Scholarship Recipients

TACOMA, WA – Sound Credit Union (Sound) recently recognized its scholarship recipients for the 2026–2027 academic year. The financial institution ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Five-Year Partnership with the University Foundation at Sacramento State

SchoolsFirst Federal Credit Union has established a five-year partnership with the University Foundation on behalf of Sacramento State to support ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Winners of 2026 Member Education Award Scholarships

SchoolsFirst FCU has awarded more than $200,000 in college scholarships to 245 recipients as part of its 2026 Member Education ...
Technology

Historic Scale, Successful Outcome: Corelation Completes Largest Conversion in Company History with Mountain America Credit Union

Corelation, Inc. is proud to announce the successful conversion of Mountain America Credit Union to its KeyStone core processing platform. ...
New Product Releases

Corporate Central Partners with Advanced Fraud Solutions to Deliver ACH Fraud Scanning Through Beastro

Corporate Central is pleased to announce it now offers ACH Fraud Scanning through a partnership with Advanced Fraud Solutions (AFS). ...
Strategic Partnerships

Quavo Fraud & Disputes Earns SOC 1® Report, Demonstrating Commitment to Financial Institution Controls

Wilmington, DE — June 23, 2026 — Quavo, Inc. (“Quavo”), the leading AI disputes technology partner and strategic advisor for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 18, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

TDFCU Announces New CEO to Drive Its Vision Forward

Washington, D.C. – June 22, 2026 – The Treasury Department Federal Credit Union (TDFCU) Board of Directors is pleased to ...
Marketing

Greater Texas|Aggieland Credit Union Sweeps Pinnacle Awards With Six Wins

Greater Texas|Aggieland Credit Union took home six prestigious Pinnacle Awards at the annual Cornerstone League marketing competition, demonstrating outstanding creative ...
Lending

One Fintech Opened More New Checking Accounts Last Year Than All U.S. Credit Unions Combined

LendKey announced the release of “How Credit Unions Can Steal SoFi’s Playbook: A Guide to Member Acquisition, Relationship Depth, and ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 2, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Making A Difference

TriUnity Foundation Opens National Grant Cycle for Credit Union Members Facing Terminal Illness

TriUnity Foundation, a nonprofit built by and for credit unions, has opened its next national grant cycle for members facing ...
Operations & HR

Redwood Credit Union named to Newsweek’s America’s Greatest Midsize Workplaces 2026

Redwood Credit Union (RCU) is proud to be recognized for the second year in a row as one of America’s ...
Other

Stephanie Schmidt Earns National Check Professional Accreditation

Corporate Central recently announced that Stephanie Schmidt, AAP, AFPP, NCP, CWCUL, CUDE, CCUE, CCUFC, CCCM, Vice President Member Experience, has ...
Other

CUES and TruStage® Announce Inaugural 2026 Leadership Pathways Cohort

CUES and TruStage® today announced the 25 credit union professionals selected for the inaugural CUES x TruStage Leadership Pathways cohort, ...
Making A Difference

Texas A&M IBE Students Raise $54,000 for Local Nonprofits

Student-led company teams pitched their unique business concepts to a panel of financial experts from Aggieland Credit Union. The credit ...
Making A Difference

SECU’s Statewide Network of 275 Branches to Serve as Collection Sites for Governor’s School Supply Drive

State Employees’ Credit Union (SECU) is pleased to announce its support for the 2026 Governor’s School Supply Drive, accepting donations ...
Strategic Partnerships

Tower Federal Credit Union Partners with Greenlight to Help Parents Raise Financially Smart Kids and Teens

Tower Federal Credit Union (Tower) today announced a partnership with Greenlight® Financial Technology, Inc. (Greenlight) to better serve families and ...
Other

Vizo Financial Announces Board Officers Following 2026 Annual Meeting

On June 17, 2026, Vizo Financial Corporate Credit Union held its 2026 Annual Meeting. Member credit unions participated virtually to ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 26, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

Worth Credit Union Names Katie Turner-Carr Senior Vice President – Chief People Officer

FORT WORTH, Texas – Worth Credit Union is pleased to announce the appointment of Katie Turner-Carr as SVP – Chief ...
Personnel Promotions

Ken Gardner Promoted to Vice President of Human Resources at Greater Texas|Aggieland Credit Union

Greater Texas|Aggieland Credit Union has named Ken Gardner as its new Vice President of Human Resources.
Making A Difference

Chartway Awards Directors’ Memorial Scholarships to 13 Student-Members

Chartway Credit Union is proud to announce the recipients of its 2026 Directors’ Memorial Scholarships. This year, Chartway expanded eligibility ...
Making A Difference

NASCUS Honors Janet Powell’s Distinguished Career and Service to the State Credit Union System

The National Association of State Credit Union Supervisors (NASCUS) recognizes and celebrates the remarkable career of Janet Powell, Chief of ...
Other

Credit union CDFI recertifications are beginning to be finalized

CU Strategic Planning helping over a quarter of CDFI credit unions recertify Credit unions can finally begin celebrating their Community ...
New Product Releases

eDOC Innovations Launches eDOC Chat Beta Program

eDOC Innovations announces the launch of the eDOC Chat Beta Program, providing credit unions with an opportunity to experience a ...
Other

Vizo Financial’s July 2026 Education Calendar

At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Charity Events

Birthday Benefit Bash hits a high note for North Bay youth music programs

The fourth annual Birthday Benefit Bash, a community fundraiser that celebrates the birthdays of Brett Martinez, President and CEO of ...
Strategic Partnerships

Alogent and Solution Optimizers Partner to Help Financial Institutions Optimize and Scale ECM Strategies

Alogent announced a strategic partnership with Solution Optimizers, a professional services and consulting firm, to help banks and credit unions ...
Personnel Promotions

LAFCU promotes Steve Jorgensen to vice president of lending

LANSING, Mich. — LAFCU has promoted Steve Jorgensen to vice president of lending, where he focuses on the credit union’s ...
Making A Difference

Sound Credit Union Recognizes 2026 Scholarship Recipients

TACOMA, WA – Sound Credit Union (Sound) recently recognized its scholarship recipients for the 2026–2027 academic year. The financial institution ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Five-Year Partnership with the University Foundation at Sacramento State

SchoolsFirst Federal Credit Union has established a five-year partnership with the University Foundation on behalf of Sacramento State to support ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Winners of 2026 Member Education Award Scholarships

SchoolsFirst FCU has awarded more than $200,000 in college scholarships to 245 recipients as part of its 2026 Member Education ...
Technology

Historic Scale, Successful Outcome: Corelation Completes Largest Conversion in Company History with Mountain America Credit Union

Corelation, Inc. is proud to announce the successful conversion of Mountain America Credit Union to its KeyStone core processing platform. ...
New Product Releases

Corporate Central Partners with Advanced Fraud Solutions to Deliver ACH Fraud Scanning Through Beastro

Corporate Central is pleased to announce it now offers ACH Fraud Scanning through a partnership with Advanced Fraud Solutions (AFS). ...
Strategic Partnerships

Quavo Fraud & Disputes Earns SOC 1® Report, Demonstrating Commitment to Financial Institution Controls

Wilmington, DE — June 23, 2026 — Quavo, Inc. (“Quavo”), the leading AI disputes technology partner and strategic advisor for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 18, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

TDFCU Announces New CEO to Drive Its Vision Forward

Washington, D.C. – June 22, 2026 – The Treasury Department Federal Credit Union (TDFCU) Board of Directors is pleased to ...
Marketing

Greater Texas|Aggieland Credit Union Sweeps Pinnacle Awards With Six Wins

Greater Texas|Aggieland Credit Union took home six prestigious Pinnacle Awards at the annual Cornerstone League marketing competition, demonstrating outstanding creative ...
Lending

One Fintech Opened More New Checking Accounts Last Year Than All U.S. Credit Unions Combined

LendKey announced the release of “How Credit Unions Can Steal SoFi’s Playbook: A Guide to Member Acquisition, Relationship Depth, and ...

Baker Market Update – Week in Review: July 2, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.

TriUnity Foundation Opens National Grant Cycle for Credit Union Members Facing Terminal Illness

TriUnity Foundation, a nonprofit built by and for credit unions, has opened its next national grant cycle for members facing life-threatening or terminal illness. The ...

Redwood Credit Union named to Newsweek’s America’s Greatest Midsize Workplaces 2026

Redwood Credit Union (RCU) is proud to be recognized for the second year in a row as one of America’s Greatest Midsize Workplaces 2026 by ...

Stephanie Schmidt Earns National Check Professional Accreditation

Corporate Central recently announced that Stephanie Schmidt, AAP, AFPP, NCP, CWCUL, CUDE, CCUE, CCUFC, CCCM, Vice President Member Experience, has earned the National Check Professional ...

CUES and TruStage® Announce Inaugural 2026 Leadership Pathways Cohort

CUES and TruStage® today announced the 25 credit union professionals selected for the inaugural CUES x TruStage Leadership Pathways cohort, a year-long leadership development experience ...

Texas A&M IBE Students Raise $54,000 for Local Nonprofits

Student-led company teams pitched their unique business concepts to a panel of financial experts from Aggieland Credit Union. The credit union awarded essential start-up funding ...
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